Sanders

Sanders boosts wealth tax; labor argues it would devastate economy

Sen. Bernie Sanders, a hero among the nation’s progressive voters, stumped in Southern California on Monday for a wealth tax on the California ballot in November that has drawn hundreds of millions of dollars in campaign spending.

“What you are showing people from coast to coast and all over is that, yes, we can take on the greed of the oligarchs,” said Sanders (I-Vt.), who called Proposition 40 the most important ballot measure in the country. “Yes, we can create an economy and a government that works for all of us, not just the 1 percent.”

Sanders name-checked billionaire tech founders including Elon Musk of SpaceX, Mark Zuckerberg of Meta and Google co-founder Sergey Brin, whose mentions were repeatedly met with boos from the crowd gathered at the Novo in downtown Los Angeles.

Labor leaders, speaking earlier on Monday at a union training facility in La Palma, argued that although the billionaires tax is billed as a one-time tax on the assets of the state’s wealthiest residents, it includes a loophole that would allow state lawmakers to tax the savings and retirement accounts and home equity of all Californians.

“In the trades, we know you always read the blueprints and you always read the fine print,” said Xochitl Medrano, the political director for the district council of the Ironworkers of the State of California and Vicinity. Medrano was surrounded by union workers chanting, “No on 40!”

“Our workers are not billionaires; they are working people. After 20, 30, or even 40 years of breaking their backs on the job sites, our members have the opportunity to have a decent pension, some retirement savings, and equity in a home that they’ve been working to pay off,” she said. “That’s not wealth handed to them. That’s sweat equity. … We won’t stand by and let a tax that’s supposed to target billionaires turn into a trap door for working families.”

Proposition 40 is among the most contentious issues on the Nov. 3 ballot. The measure was crafted by a healthcare union to offset $100 billion in impending federal healthcare funding cuts approved by congressional Republicans and signed by President Trump last year. Millions of Californians could lose their healthcare coverage because of those cuts.

There are two opposing measures on the November ballot, Propositions 41 and 42, that would nullify the billionaires tax if either receives more votes.

About 45% of likely voters supported Proposition 40, while 42% opposed it and 13% were undecided in a late September poll by UC Berkeley and the Los Angeles Times. That’s a decline in support compared with a poll six weeks earlier, when 48% of likely voters supported it while 41% opposed it.

The proposal has drawn more than $300 million in campaign contributions, nearly all against it. Ballot measures are not subject to caps on campaign donations.

Sanders was joined by Rep. Ro Khanna (D-Fremont) and artists including the rapper Common, who called for “them billionaires to pay up” between freestyle verses. Shepard Fairey, known for his famous portrait of President Obama, unveiled banners in support of the wealth tax campaign, which served as a backdrop on the event stage.

Rally attendee Datosha Williams, an SEIU-UHW member who works in healthcare customer service, said Proposition 40 is a backstop to federal healthcare cuts, which could lead to hospital closures around the state.

“My biggest fear is that I will see some of my coworkers lose their jobs,” she said. “My biggest fear is that my 8-year-old son, who is asthmatic, will have long waits in an ER.”

At the event at the Ironworkers Training Center in La Palma organized by labor leaders to oppose the wealth tax, apprentices attended workshops about rigging and collective bargaining rights.

“We’re not opposed to making the wealthy pay their fair share. We’re not opposed to creating a high-quality and low-cost health insurance plan for Californians,” said Andrew Gonzales, the council representative for the Los Angeles and Orange Counties Building and Construction Trades Council. “We just don’t think Prop. 40 is the right vehicle to go about that.”

Gonzales pointed to the volatile state budget’s dependence on tax revenue from wealthy Californians, some of whom have proactively moved out of the state because of the proposal.

“That’s already having an immediate impact to the state’s budget,” he said. “So we already see the danger that can occur.”

People attend a rally against Proposition 40 at the Iron Workers Apprenticeship Training Center.

Foes of Proposition 40 attend a rally on Monday at the Ironworkers Training Center in La Palma.

(Eric Thayer/Los Angeles Times)

Source link

Sen. Bernie Sanders unveils bill to ban artificial superintelligence and create Department of AI

Two leading progressive lawmakers, Sen. Bernie Sanders and Rep. Greg Casar, are unveiling legislation Wednesday that would ban artificial superintelligence and create a federal agency to oversee advanced AI as some of the industry’s own leaders urge Congress to impose guardrails on the advancing technology.

The bill, provided first to the Associated Press, would also pause advanced AI development until guidelines are implemented while creating the Department of Artificial Intelligence. Multiple employees at leading AI companies are endorsing the bill.

“It doesn’t take a genius to say, ‘slow it down,’” Sanders, I-Vt., said in an interview with AP. “Do we really want to develop a super intelligence that when it becomes smarter than human beings could act independently of human control? I don’t think we do.”

Congress has so far done little to rein in the AI industry even as some of its most prominent leaders warn about potentially catastrophic risks. President Trump has resisted recent calls for greater government oversight, putting him at odds with tech leaders including Anthropic’s Dario Amodei, OpenAI’s Sam Altman and xAI’s Elon Musk.

The bill aims to dramatically slow down AI development

The legislation would permanently prohibit artificial superintelligence, which it defines as a system that exceeds human cognitive ability or has sufficient capabilities to plan and execute the destruction or disempowerment of humanity.

It would temporarily pause development of the most advanced AI systems until new federal safety rules are established by a new Department of Artificial Intelligence. Advanced AI systems would then need federal approval before they could be deployed. Violations could carry significant penalties, including up to 20 years in prison in some cases.

A number of current employees at AI companies and experts signed on in support of the bill, according to a statement shared with AP.

Juan Felipe Cerón Uribe, a researcher in OpenAI’s Safety Systems, said in a statement supporting the bill that “superintelligence could either go extremely right or extremely wrong” and that “we shouldn’t be playing such games.”

Swante Scholz, a software engineer at Google DeepMind who said he was not speaking on behalf of his employer, said on the current path of development, the “most likely outcome is an existential catastrophe for humanity.”

“A ban on superintelligence development would be a positive change for the foreseeable future,” Scholz said in a statement.

The bill faces long odds but draws a line in a growing fight

The bill from Sanders and Casar faces long odds in the Republican-controlled Congress, where lawmakers have struggled to coalesce around even less sweeping AI regulations.

But it offers a window into how the progressive wing of the Democratic Party is approaching AI regulation ahead of November’s midterms and a 2028 presidential campaign in which the technology is expected to be an increasingly prominent issue. Casar, a Democrat from Texas, is the chair of the Congressional Progressive Caucus.

Potential 2028 presidential candidates have rushed in recent weeks to release proposals showing they’re taking the issue seriously. Maryland Democratic Gov. Wes Moore announced a plan to regulate AI on Tuesday, while California Democratic Gov. Gavin Newsom signed an executive order to accelerate implementation of a California law that calls for independent oversight of AI companies last week.

Sanders, a two-time presidential candidate who is now 85, has especially focused on the issue in recent months. In June, he introduced legislation to create a sovereign wealth fund financed through a one-time tax on the stock of the largest AI companies. Last week, he hosted colleagues for a briefing with experts and also attended a conference focused on the issue alongside Republicans, including former White House adviser Steve Bannon.

The debate over AI regulations has scrambled political alliances both in Washington and for voters across the country.

Americans have grown more concerned about the environmental impacts of artificial intelligence over the last year, according to a recent poll from The Associated Press-NORC Center for Public Affairs Research and the Energy Policy Institute at the University of Chicago.

The survey data say about half, 53%, of Americans are “extremely” or “very” concerned about artificial intelligence’s environmental impacts. That is up from 41% last year. Democrats are driving much of the increase in environmental concern, but the poll also reveals broader worries about the local impact of data centers, which power AI and cloud computing.

Trump has shown little interest in curbing AI risks

While some industry leaders have called for new safeguards, Trump has pushed in the opposite direction. On Tuesday, Trump told the United Nations General Assembly that artificial intelligence will be renamed “super intelligence.”

“I think Trump has very little understanding of what this issue is about,” Sanders said. “I think he’s mainly concerned about the economic implications of a slowdown.”

AI safety is expected to be a central part of talks between Trump and China’s Xi Jinping at the White House this week as the countries compete for dominance in the sector. The prospect of slowing development in the United States while China continues on has also been one of the central arguments against sweeping restrictions.

Sanders argued that avoiding the most dangerous forms of AI would ultimately require cooperation between the two countries, comparing the challenge to nuclear arms control during the Cold War.

“Ronald Reagan, arch-conservative, was smart enough to understand that he had to sit down with Gorbachev, a communist, and work out a nuclear treaty that protected humanity,” Sanders said. “I think we can do that again now.”

Cappelletti writes for the Associated Press.

Source link